Restoration of the American Mercantile Marine
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In our eReader you can find the full English version of the book. Read Restoration of the American Mercantile Marine Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Restoration of the American Mercantile Marine
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TVhy then should so important a factor in the prosperity of our country, as is our maritime commerce, have not its special representation, especially when we realize the fact that while the other special departments alluded to are strictly internal in character, our foreign mencantile marine meets the com- petition of the whole world, and has to contend with its hostile legislation? One element in the decadence of our mercantile marine is evidently due to the fact that the legis- lation for us ...protection has been the result of spasmodic action rather than any well defined policy, and the Bureau of Commerce would remedy this. Your Committee can not too strongly impress upon you the importance of this, our first . Recommendation .
2. THE TAXATION ON SHIPPING should be solely on net income instead of being on valuation as at present, thus placing our shipping on an equality in this respect, with thnt of our greatest competitors. To effect this, either State laws should be enacted, similar to the Massachusetts law, now in force, or Congress, under its constitutional prerogative to regulate commerce, should legislate to control the point.
What to read after Restoration of the American Mercantile Marine?
You can find similar books in the "Read Also" column, or choose other free books by Board of Trade of San Francisco to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
TVhy then should so important a factor in the prosperity of our country, as is our maritime commerce, have not its special representation, especially when we realize the fact that while the other special departments alluded to are strictly internal in character, our foreign mencantile marine meets the com- petition of the whole world, and has to contend with its hostile legislation? One element in the decadence of our mercantile marine is evidently due to the fact that the legis- lation for us ...protection has been the result of spasmodic action rather than any well defined policy, and the Bureau of Commerce would remedy this. Your Committee can not too strongly impress upon you the importance of this, our first . Recommendation .
2. THE TAXATION ON SHIPPING should be solely on net income instead of being on valuation as at present, thus placing our shipping on an equality in this respect, with thnt of our greatest competitors. To effect this, either State laws should be enacted, similar to the Massachusetts law, now in force, or Congress, under its constitutional prerogative to regulate commerce, should legislate to control the point.
What to read after Restoration of the American Mercantile Marine?
You can find similar books in the "Read Also" column, or choose other free books by Board of Trade of San Francisco to read onlineMoreLess
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